14 Sep 2018 09:46
For immediate release | 14 September 2018 |
ABCAM PLC
("Abcam" or "the Company")
Non-Executive Director Remuneration
Director/PDMR Shareholding Notification
Cambridge, UK: Abcam plc (AIM: ABC), a global leader in the supply of life science research tools, was notified on 14 September 2018 that, each of its Non-Executive Directors ("NEDs") purchased ordinary shares of 0.2 pence each in the Company ("Shares") on 12 September 2018 at a price of £13.04 per Share funded pursuant to individual fee agreements entered into by the NEDs with the Company on 15 October 2015 ("Fee Agreements"), details of which were set out in an announcement made by the Company on that date, under which the NEDs agreed to receive part of their fees delivered as a fixed number of Shares.
Under the Fee Agreements, it was agreed that one third of the NEDs' initial total fees for Abcam's financial year ending 30 June 2018 would be delivered as Shares after deductions for PAYE and National Insurance following the announcement of the preliminary results for the year on 10 September 2018. As announced on 15 October 2015, a fixed number of Shares will be calculated for each NED by dividing one third of the total fees by the average Share price of £5.95 (being the average Share price for the ten dealing days following the announcement of Abcam's preliminary results for the year ended 30 June 2015).
Details of the number of shares purchased by each NED are set out below:
Non-Executive Director | Net number of Shares acquired |
Louise Patten | 4,029 |
Mara Aspinall | 3,282 |
Susan Harris | 2,078 |
Jonathan Milner | 2,090 |
Each of the NEDs has committed not to transfer or sell the Shares during the term of their Non-Executive directorship.
The Notification of Dealing Form for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
For further information please contact:
Abcam | + 44 (0) 1223 696 000 |
Suzanne Smith, Company Secretary
| |
J.P.Morgan Cazenove - Nominated Adviser & Corporate Broker | + 44 (0) 20 7742 4000 |
James Mitford / Jonty Edwards | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Louise Patten | |
2 | Reason for the notification | ||
a) | Position/status | Senior Independent Director | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | N/A | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 0.2 pence each
GB00B6774699 | |
b) | Nature of the transaction | Purchase of shares pursuant to individual fee arrangements | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£13.04 | 4,029 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
4,029 £13.04 £52,538.16 | |
f) | Date of the transaction | 12 September 2018 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mara Aspinall | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | N/A | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 0.2 pence each
GB00B6774699 | |
b) | Nature of the transaction | Purchase of shares pursuant to individual fee arrangements | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£13.04 | 3,282 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
3,282 £13.04 £42,797.28 | |
f) | Date of the transaction | 12 September 2018 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Susan Harris | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | N/A | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 0.2 pence each
GB00B6774699 | |
b) | Nature of the transaction | Purchase of shares pursuant to individual fee arrangements | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£13.04 | 2,078 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
2,078 £13.04 £27,097.12 | |
f) | Date of the transaction | 12 September 2018 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Jonathan Milner | |
2 | Reason for the notification | ||
a) | Position/status | Deputy Chairman | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | N/A | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 0.2 pence each
GB00B6774699 | |
b) | Nature of the transaction | Purchase of shares pursuant to individual fee arrangements | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£13.04 | 2,090 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
2,090 £13.04 £27,253.60 | |
f) | Date of the transaction | 12 September 2018 | |
g) | Place of the transaction | London Stock Exchange, AIM | |